Reviews about VARIANSE – scam drains deposits?
The broker’s website VARIANSE says that the brand was created by a team of UK financial market professionals. The company allegedly has many awards, impressive experience in providing financial services and a wide range of fintech solutions.

Authors of negative comments disagree with these statements. We figure out whether this intermediary is so reliable, or VARIANSE is a scam.

VARIANSE Brand Essentials

When the service was founded, who manages it and with which liquidity providers it cooperates – for some unknown reason, VARIANSE prefers to hide all this data. Domain history has shown that the site has been operating since 2015.

The brand is a trademark of VDX Ltd, which is registered in the UK and regulated by the FCA since 2018. At the same time, it is impossible to get to the site of this management company – it is unprotected and poses a threat. The official website of VARIANSE is not listed in the register of the regulator at all.

By the way, all the awards that the sharashka is so proud of turned out to be fictitious. Trusting such a broker with your money is at least unreasonable.

Homepage and trading tools

The official website of the VARIANSE broker raises a lot of questions. It looks like it was developed twenty years ago – an outdated and cheap interface does not inspire any confidence in the middleman . The platform works only in English, the customer support service does not provide multilingual service either.

The user can trade currency pairs, metals, indices and even currency baskets that were developed by the broker itself. The cTrader and MT4 programs for mobile phones and computers are available as terminals.

Compare trading accounts and withdraw funds

To register at VARIANSE and open a demo account, you do not need to contact the support team. Consultation is required in case of request swap-free Islamic account .

There are only three retail accounts to choose from, and they have the following characteristics:

• Classic – assumes a minimum deposit of $ 500 and instead opens access to trading 100 assets with spreads from 1 pip. There is no broker commission;
• ECNpro – VARIANSE charges a commission of $ 3.5 per lot on this account, but justifies it with zero spreads. Leverage is available up to 1: 400;
• Prime – $ 50,000 account with zero spreads and $ 2 commission per lot. The leverage is 1: 200, a free VPS server is provided.

To request a withdrawal from VARIANSE, you must fill out the appropriate application. All transactions are made by bank transfer only; only in exceptional cases is the output to the card available.

User reviews of VARIANSE service and review results

On the net you can find a large number of negative reviews about VARIANSE, in which users claim that trading here is just an imitation. The pseudo-broker drains client deposits and takes profit for himself, leaving traders in the red.

There is no doubt that VARIANSE are swindlers . A broker with such a website, invented awards and questionable documents cannot provide a safe and comfortable trading environment.